Latest Asx News

Mount Ridley Mines has unveiled exceptional scandium grades from its Phase 1 re-assay program at Grass Patch, revealing a new mineralised zone 13 kilometres beyond the existing resource boundary and highlighting significant untapped potential.

Morella Corporation’s final 2026 drilling results at Mt Edon reinforce broad rubidium mineralisation and reveal multiple higher-grade zones, advancing the project toward its maiden JORC Mineral Resource Estimate.

Butn Limited has unveiled the Moneybox Retail Credit Fund, marking its strategic entry into retail private credit investing with a digital platform targeting SME loans.

Xpedra Resources has unveiled robust assay results from its maiden drilling at the Springfield Gold Deposit in NSW, revealing extensive shallow gold mineralisation with multiple high-grade zones and plans for deeper follow-up drilling.

Independent lab tests confirm helium levels over 12 times atmospheric background and hydrogen concentrations exceeding 6,200 times background at Prominence Energy's PEL 803 in South Australia, underpinning a robust subsurface gas system model.

Minbos Resources has drawn down the first US$4.8 million from its US$16 million loan facility with South Africa’s IDC, marking a key step forward for the Cabinda Phosphate Fertilizer Plant. The company has initiated orders for critical equipment and completed Phase-1 construction, with Phase-2 contracts expected soon.

PC Gold has acquired the former Territory Iron accommodation camp near its Spring Hill Gold Project for A$770,000, gaining 64 rooms and full utilities. The move cuts capital costs and development time, supporting exploration and mine development.

Great Western Exploration has wrapped up a 2,200m air core drilling program at its Diorama copper-gold target in WA, with assay results expected by late July or early August 2026. The company plans follow-up reverse circulation drilling at six nearby Juggernaut targets next month, followed by drilling at Baroo.

Freedom Bidco, Inc. has launched a non-binding cash proposal to acquire all Strata shares at A$0.16 each, matching the last traded price before suspension and offering shareholders a rare liquidity event ahead of Strata's expected ASX delisting.

Forrestania Resources has boosted its Lady Lyla gold deposit resource to 41,700 ounces at a higher grade, unveiling a maiden Indicated category that now constitutes the majority of the resource. The update follows a substantial drilling campaign and sets the stage for further development work at the Forrestania Gold Hub in Western Australia.

Evolution Energy Minerals has identified four priority copper drill targets at its Chikundo Project in Tanzania following a comprehensive soil sampling program, setting the stage for an imminent maiden drilling campaign.

Indiana Resources has identified a substantial 7-kilometre undrilled gold anomaly at its Ealbara Prospect within the Gawler Craton, South Australia. Geological analysis suggests the anomaly originates from bedrock mineralisation, with drilling slated post-heritage clearance.